The question of Cyprus and Turkey’s obligation to sign a protocol to its customs union agreement with the European Union were the focus of a meeting here today between Cyprus President Tassos Papadopoulos and Greek Prime Minister Costas Karamanlis, diplomatic sources have said. They described the 30-minute long meeting as very good. Papadopoulos and Karamanlis
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Internet hackers are on the march, and they want your money. That is the stark conclusion of the biannual report by leading online security firm Symantec, which found 28% more hack attacks in the second half of 2004 compared with the first six months of the year. The company also found that the attacks were
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Business Britain magazine has presented CytaGlobal, the international arm of the state-owned Cyprus Telecommunications Authority (CyTA), with the award of “Global Telecommunications – Solution of the Year 2004-2005”. Business Britain has in the past run a number of major features focusing on global telecommunications, one of which was dedicated to CytaGlobal. Once a year Business
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The Investor Compensation Fund has not been adversely affected by the recent developments concerning Suphire and is functioning smoothly, according to informed sources. The fund promises to pay EUR 20.000 or CYP 12.000 to small investors in the event that any member of the CSE (brokerage firm) or financial services firm (EPEY) is unable to
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The Central Bank has quashed reports that it has taken over the regulation of the CSE Clearing and Settlement system, stressing that it is simply overseeing the operation of the system, as it has been doing all this time. Reliable sources however described the Central Bank announcement as another attempt to undermine confidence in the
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